Chiba Bank (OTCMKTS:CHBAY) Reaches New 52-Week Low – Here’s What Happened

The Chiba Bank, Ltd. (OTCMKTS:CHBAY)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $37.68 and last traded at $37.68, with a volume of 0 shares trading hands. The stock had previously closed at $37.68.

Chiba Bank Price Performance

The firm has a market capitalization of $5.56 billion, a price-to-earnings ratio of 12.52 and a beta of 0.50. The company’s 50 day moving average is $37.61 and its 200 day moving average is $37.24. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.51.

Chiba Bank (OTCMKTS:CHBAY) last posted its quarterly earnings results on Friday, August 2nd. The company reported $0.90 EPS for the quarter. The business had revenue of $564.61 million during the quarter. Chiba Bank had a return on equity of 5.65% and a net margin of 19.81%.

About Chiba Bank

The Chiba Bank, Ltd., together with its subsidiaries, provides banking products and services in Japan and internationally. The company offers various deposit products, including savings, time deposits, currency deposits, investment trusts, bonds, and pensions; loans, which include mortgages, renovation loans, photovoltaic, vehicle, education, and other loan products; and insurance products, such as annuity, life, medical, student, death, and travel insurance.